Legal Regime of Foreign Investment in Nepal

Legal Regime of Foreign Investment in Nepal

Foreign Investment in Nepal is regulated by the Foreign Investment and Technology Transfer Act 2019 (hereinafter “FITTA”) and Public Private Partnership Investment Act 2019 (hereinafter “PPPIA”). With an attempt to further facilitate and expedite foreign investment,...
Cheque Bounce and Legal Remedies in Nepal

Cheque Bounce and Legal Remedies in Nepal

What is a Cheque Bounce ? Dishonor of a cheque occurs whereby a bank refuses to accept or pay the drawn amount to the payee due to various reasons such as: if the cheque is overwritten, if the signature is absent or the signature in the cheque does not match with the...

Q & A: Registration of Patent and Design in Nepal

Q. Is registration of Patent and Design mandatory? A. Yes, registration of Patent and Design is mandatory to seek protection as per the Patent, Design and Trademark Act, 2022. If any person wants to acquire a right over a patent such person should register the patent...